Two former governors launch a bipartisan coalition to confront the coming AI jobs shock

In today’s CEO Daily: Inside the bipartisan effort to create an AI-ready workforce. The big leadership story: Micron’s ‘paradigm shift’ The markets: Down globally, as the U.S. tech selloff seems poised to continue. Plus: All the news and watercooler chat from Fortune. Good morning. “We don’t want to wait for the ‘then what’ scenario,” former Indiana governor Eric Holcomb told me this week, “when there are 3 billion bots and agents and entry-level unemployment goes from four to nine to 18 to 30. Then what?” That question is the engine behind RAISE US, a nonprofit initiative that Holcomb (a Republican) and former commerce secretary and Rhode Island governor Gina Raimondo (a Democrat) launched yesterday to convene AI companies, employers, philanthropies, and educators to bring capital, creativity, and a new spirit of cooperation to create an AI-ready workforce, not to mention AI-resilient jobs. Here’s why you should care: it’s an intriguing first step that could spark new ideas, policies and pilot projects that actually work. It creates a hub where leaders can come together to tackle a problem that’s not being effectively addressed. “I don’t hear a lot of concrete, specific, practical potential solutions to manage a transition period to an AI economy,” Raimondo told me. “We don’t have a super track record as a country managing a transition without high levels of unemployment.” The challenge will be how to build trust and drive change. Right now, the coalition is weighted heavily towards tech players that are both experiencing and driving job disruption. It could give cover to companies like Amazon, Anthropic, Microsoft and the OpenAI Foundation that are disrupting jobs while pushing against concrete metrics and regulation that could hold them accountable for AI’s impact. Few understand the challenge of creating quality job growth like Holcomb and Raimondo. A 2021 Brookings study found that muc